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oligopolys #5723996 (License: Personal Use)
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The image is a flowchart that shows the relationship between the concept of oligopoly and the interdependence of firms. The flowchart is divided into four sections, each representing a different aspect of the concept.
The first section is labeled "Possibility of collusion" and has a blue background. The second section is titled "5-firm concentration ratio >50%". The third section is labelled "Product differentiation" and contains a red rectangle with the word "Oligopoly" written in white text. The fourth section is called "Some barriers to entry".
There are also two blue boxes on the flow
The first section is labeled "Possibility of collusion" and has a blue background. The second section is titled "5-firm concentration ratio >50%". The third section is labelled "Product differentiation" and contains a red rectangle with the word "Oligopoly" written in white text. The fourth section is called "Some barriers to entry".
There are also two blue boxes on the flow
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